Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  GoPro Inc    GPRO

GOPRO INC (GPRO)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

GoPro: Higher Guidance

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/12/2017 | 01:49pm CEST
GoPro (NASDAQ: GPRO) roared ahead over 10% last week after the company issued a surprisingly bullish outlook. The stock is still well-below the yearly high of $17.68. Fundamentally, it still loses money but GoPro could be a turnaround play for investors.
 
GoPro issued a third-quarter forecast, saying it expects revenue as high as $310 million. This is $6 million above the average consensus estimate. Gross margin will also be in the high end of the range. If investors hold the stock instead of taking profits, then GoPro could still offer more upside.
 
Fundamentals are unfavorable: GoPro does not have good sales for the Fusion camera. Retailers are giving the brand less store space. That could pose a challenge for GoPro in meeting its new forecast.
 
Short-selling is crowded for the stock at a short float of 34%. At least JPMorgan (NYSE: JPM) is on GoPro’s side. The analyst, Paul Coster, thinks the company could lose just $0.02 a share in FY2017, $0.57 a share in FY2018, and an optimistic $0.94 a share in FY2019.
 
Takeaway
 
Bearish volume is unusually high for GoPro. Any small earnings and revenue beat will squeeze shorts. GoPro does not have a high bar to cross.

Copyright © 2017 Baystreet.ca Media Corp. All rights reserved., source Standard Equities Feed

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOPRO INC
09/23 INTO THE BLUE WITH PATTY PRATESI : An Awards Creator Profile Into the Blue with ..
09/22 GOPRO : Running the Parks with Bill Sycalik and His GoPro Running the Parks with..
09/18 GOPRO : Brandon Palaniuk 2017 Angler of the Year Brandon Palaniuk 2017 Angler of..
09/18 GOPRO : Adweek Names GoPro to List of 2017 Media Plans of the Year Adweek Names ..
09/18 GOPRO : Man's new camera nearby becomes meal for hungry crocodile
09/18 GOPRO : bikerider arrested over a GOPRO footage
09/16 GOPRO : Beauty of the Alps with Christoph Oberschneider Beauty of the Alps with ..
09/16 GOPRO : SEABROOKFisherman meets humpback whale
09/16 GOPRO : Filipe Toledo Wins Hurley Pro Trestles Filipe Toledo Wins Hurley Pro Tre..
09/15 FISH TALE : Fisherman gets up close view of humpback whale
More news
News from SeekingAlpha
09/23 Stocks to Watch Next Week
09/22 Buy GoPro Rumors And Continue Buying On The News
09/20 LEFT AND CITRON : The Boy Who Cried Wolf?
09/14 GoPro Is All Smoke And Mirrors
09/12 GoPro Is Following The Right Steps
Financials ($)
Sales 2017 1 347 M
EBIT 2017 13,3 M
Net income 2017 -99,1 M
Finance 2017 142 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 1,05x
EV / Sales 2018 0,96x
Capitalization 1 556 M
Chart GOPRO INC
Duration : Period :
GoPro Inc Technical Analysis Chart | GPRO | US38268T1034 | 4-Traders
Technical analysis trends GOPRO INC
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 9,50 $
Spread / Average Target -12%
EPS Revisions
Managers
NameTitle
Nicholas Woodman Chairman & Chief Executive Officer
Charles Prober Chief Operating Officer
Brian McGee Chief Financial Officer
Edward Arthur Gilhuly Independent Director
Michael E. Marks Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GOPRO INC25.60%1 556
LARGAN PRECISION CO., LTD.--.--%23 881
Q TECHNOLOGY GROUP CO LTD244.00%1 931
YESTAR HEALTHCARE HOLDINGS CO LTD-6.42%975
VITEC GROUP PLC44.64%563
COWELL E HOLDINGS INC87.56%386